Which of the following best describes a step variable-cost function? ...
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Accounting
Which of the following best describes a step variable-cost function?
| A) A step cost function in which cost remains the same over narrow ranges of the level of activity in each relevant range | ||
| B) A step cost function in which cost remains the same over narrow ranges of the level of activity outside the relevant range | ||
| C) A step cost function where the cost remains the same over wide ranges of the activity in each relevant range | ||
| D) A step cost function where the cost remains the same over wide ranges of the activity outside the relevant range |
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